https://www.taxtmi.com/caselaws?id=240127 The Tribunal upheld the Revenue's allegations of undervaluation of services provided by the applicant, confirming service tax amounts under 'Site Formation Service' and 'Mining Service,' along with penalties and denial of Cenvat credit. Despite the applicant's argument that service tax should be based on consideration received, the Tribunal found suppression of service value and disagreed with the applicant's interpretation of the law. Additionally, the Tribunal upheld the Revenue's stance on tax liability prior to 01-06-2007 for services rendered, emphasizing the need for service tax payment pre-2007. Despite financial hardships faced by the applicant, a pre-deposit amount was ordered with the waiver of the balance dues pending appeal. en-us Mon, 04 Nov 2013 00:00:00 +0530 Tue, 26 Nov 2013 10:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240127 The Tribunal upheld the Revenue's allegations of undervaluation of services provided by the applicant, confirming service tax amounts under 'Site Formation Service' and 'Mining Service,' along with penalties and denial of Cenvat credit. Despite the applicant's argument that service tax should be based on consideration received, the Tribunal found suppression of service value and disagreed with the applicant's interpretation of the law. Additionally, the Tribunal upheld the Revenue's stance on tax liability prior to 01-06-2007 for services rendered, emphasizing the need for service tax payment pre-2007. Despite financial hardships faced by the applicant, a pre-deposit amount was ordered with the waiver of the balance dues pending appeal. Case-Laws Service Tax Mon, 04 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240127